Select any project from your current work environment (or previous work environment) that is suitable for...

 

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Select any project from your current work environment (or previous work environment) that is suitable for the application of the risk management concepts covered during this course. Use the template provided for Questions 3-10. Copy and paste the Excel tables and graphs into a Word Document. 1. Provide a scope statement, one-page work breakdown structure and a one page Gantt chart schedule for the project selected that clearly illustrates the critical path. (5) 2. Perform a SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis for the Project (5) 3. Identify 15 negative risks (threats) events that could affect the objectives of the Project. A balanced set of risks types should be defined, e.g. cost, schedule, quality, safety, and environmental risks. Provide a clear description of each risk event and clearly indicate the risk type. (5) 4. Perform a 7 scale semi-quantitative risk analysis, also explaining the scales used. (4) 5. Plot the risks on a suitable risk map and draw a Pareto threshold line that separates the risk events. (3) 6. Identify 15 positive risks (opportunities) events that could affect the objectives of the Project. A balanced set of risks types should be defined, e.g. cost, schedule, quality, safety, and environmental risks. Provide a clear description of each risk event and clearly indicate the risk type. (5) 7. Perform a 7 scale semi-quantitative risk analysis, also explaining the scales used. (4) 8. Plot the risks on a suitable risk map and draw a Pareto threshold line that separates the risk events. (3) 9. 10. Illustrate the actions on an Action Priority Matrix using a 4-scale Semi-Quantitative method (4) 11. Provide conclusions for your analysis. (4) Compile a SMART (Specific, Measurable, Achievable, Realistic, and Timely) action list for the critical risks. (8) Select any project from your current work environment (or previous work environment) that is suitable for the application of the risk management concepts covered during this course. Use the template provided for Questions 3-10. Copy and paste the Excel tables and graphs into a Word Document. 1. Provide a scope statement, one-page work breakdown structure and a one page Gantt chart schedule for the project selected that clearly illustrates the critical path. (5) 2. Perform a SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis for the Project (5) 3. Identify 15 negative risks (threats) events that could affect the objectives of the Project. A balanced set of risks types should be defined, e.g. cost, schedule, quality, safety, and environmental risks. Provide a clear description of each risk event and clearly indicate the risk type. (5) 4. Perform a 7 scale semi-quantitative risk analysis, also explaining the scales used. (4) 5. Plot the risks on a suitable risk map and draw a Pareto threshold line that separates the risk events. (3) 6. Identify 15 positive risks (opportunities) events that could affect the objectives of the Project. A balanced set of risks types should be defined, e.g. cost, schedule, quality, safety, and environmental risks. Provide a clear description of each risk event and clearly indicate the risk type. (5) 7. Perform a 7 scale semi-quantitative risk analysis, also explaining the scales used. (4) 8. Plot the risks on a suitable risk map and draw a Pareto threshold line that separates the risk events. (3) 9. 10. Illustrate the actions on an Action Priority Matrix using a 4-scale Semi-Quantitative method (4) 11. Provide conclusions for your analysis. (4) Compile a SMART (Specific, Measurable, Achievable, Realistic, and Timely) action list for the critical risks. (8)